Shyam Metalics Share Price in Focus; Subsidiary Commissions 8.90 MWp Captive Solar Project at Jamuria

Shyam Metalics and Energy Ltd. has expanded its renewable energy footprint with the commissioning of an 8.90 MWp captive solar power project by its wholly owned subsidiary, Shyam Sel and Power Ltd., at its manufacturing facility in Jamuria, West Bengal, as per the exchange filings.  

The project has been developed to increase the use of clean energy across operations while supporting power cost optimisation and reducing the group's carbon footprint.  

Hybrid Execution Model Adopted 

The solar project has been implemented using a combination of CAPEX and OPEX models. 

Of the total 8.90 MWp capacity, 4.60 MWp has been developed under the CAPEX model, while the remaining 4.30 MWp follows the OPEX route.  

Focus On Captive Power Generation 

The newly commissioned facility has been designed for captive power consumption, enabling the company to integrate renewable energy into its manufacturing operations. 

The initiative is also aimed at improving energy efficiency, lowering operational power costs, and advancing the group's sustainability efforts.  

Management Commentary 

Brij Bhushan Agarwal, Chairman & Managing Director of Shyam Metalics and Energy Ltd., said, "The commissioning of the 8.90 MWp solar power capacity at Jamuria underscores our steadfast commitment to sustainable manufacturing and clean energy transition. By adopting a blended strategy of both CAPEX and OPEX models, we are effectively balancing capital efficiency with long-term cost optimization while reducing our carbon emissions." 

Read More: Tata Power Company Share Price in Focus After Q1 FY27 Earnings Results: Total Income Up 5.7% YoY! 

Shyam Metalics and Energy Share Price Performance  

As of 28 July 2026, at 11:00 AM, Shyam Metalics and Energy Ltd share price was trading at ₹1,025.30 per share, reflecting a decline of 0.95% from the previous trading session. 

Conclusion 

The commissioning of the captive solar project adds renewable generation capacity to Shyam Metalics' manufacturing operations while reinforcing its focus on captive clean energy usage. The project combines two execution models to support operational efficiency and sustainability across its Jamuria facility.  

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